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What's your profit margin on regional station trading?
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Reopagus
State Protectorate
Caldari State
#1 - 2013-04-22 09:15:20 UTC
One of my alts is doing regional station trading in one of top 10 market hubs. I use NEAT tool to help me see the profits. I have about 100 buy/sell orders open at any one time at this moment. The time commitment just for trade is total 1 hour maybe daily price checks, and once-twice a week hauling and more inventory check which takes a bit longer, but lots of it is just flying, so pretty stress-free.

It looks like I'm making a stable 17-18% overall profit on that trading. So if monthly sales volume is about 7bil ISK, I make about 1.2bil ISK in real money profit (after all the broker fees and sales/transaction tax).

How much are you making on regional station trading?
Babyface Eighteen
School of Applied Knowledge
Caldari State
#2 - 2013-04-22 11:13:07 UTC
Moar than you. Wouldnt be able to have a 17-18% profitt on regional trading even if i tried.
Mu-Shi Ai
Hosono House
#3 - 2013-04-22 11:47:56 UTC  |  Edited by: Mu-Shi Ai
Reopagus wrote:
One of my alts is doing regional station trading in one of top 10 market hubs. I use NEAT tool to help me see the profits. I have about 100 buy/sell orders open at any one time at this moment. The time commitment just for trade is total 1 hour maybe daily price checks, and once-twice a week hauling and more inventory check which takes a bit longer, but lots of it is just flying, so pretty stress-free.

It looks like I'm making a stable 17-18% overall profit on that trading. So if monthly sales volume is about 7bil ISK, I make about 1.2bil ISK in real money profit (after all the broker fees and sales/transaction tax).

How much are you making on regional station trading?


You'd make bigger margins if you just left stuff where it was and traded it there instead of hauling it back to the "hub," which is more often than not going to offer you slimmer margins than stations out in the boondocks. 30%+ profit margin is a pretty baseline expectation on region trading. And one of the core pieces of wisdom is that, if somebody is selling you an item in station X, somebody else will likely buy said item in station X as well. There really is no need to haul. You just need to train up those remote trading skills.

How much one makes is going to depend on the region (not all of them are created equal) and the number of orders at one's disposal. I was making 2-3bn a month with 305 orders (50-60 for buys, the rest for sells) in what I'd consider a pretty slow region. The upside was overall lack of competition, making upkeep a very simple task.
Kara Books
Deal with IT.
#4 - 2013-04-23 05:47:47 UTC
f your looking to just Brute force profit margins as if it was station trading, Regional trading is not for you.

you need to have a good plan to survive, penny pinching % and profit per item is almost always the downfall of the people that come and go in the Jita region, because one month you make ISK the next month you lose ISK, its a roller coaster.

if you want maximum ISK per hour, just do outright station trading where off of 100 slots you could probably make about 40-50B isk in Jita or half that in Amarr if you want slower pace.

or say 20 hours per month would easily net you 1.2B isk without even trying or 10 hours if you actually try say on the weekends, compared to 1 hour per day or, 30 hours per month (not counting what you spend on hauling and misc logistics)
Caerfinon
Caldari Provisions
Caldari State
#5 - 2013-04-23 16:00:33 UTC
4 alts trading over 11 regions, buying stuff region wide and selling it in place nets me a little over 4 to 5 Billion ISK per month. It takes 1 to 2 hours of work per week to keep it going.



Cheers C.

@Caerfinon - Twitter
Zip Wayne
Deep Core Mining Inc.
Caldari State
#6 - 2013-04-23 17:28:36 UTC
This is my 1st month trading with my trade character and I am region trading. I started the month with only 45 orders and am up to 105 orders now (need more!). I am still getting the hang of finding good items, so I probably only have ~15 buy orders out ATM. I do very little shuffling inventory around. All that said, my profit per item never goes under 30% and rarely under 50%. I update twice a day during the week and more frequently on the weekend depending on competition. I am on track to make over 750mil ISK this month profit and probably only have ~500mil ISK invested in the effort at this point. Certainly nothing stellar, but decent income w/ minimal effort and for just starting out. Once I understand more, I plan to ramp up a bit...

As Mui-Shi Ai said, you will probably make more selling stuff where you bought it - it may take a bit longer, but your margin will be higher. You will be surprised what folks will pay sometimes... Patience is the key... Smile

In fairness, I do need to point out I have been lucky and have had several very good mentors who have helped me get started and continue to check on me and are helping me with different strategies as my experience/knowledge grows.
Dr Evil Cioran
#7 - 2013-04-23 22:25:33 UTC
I do 2 on a bad day and up to 4b on a good day from manufacturing and trading in Jita ( buy raws and sell finished product). I spend 5 mins setting factory jobs and the whole time I pvp with pvp pilot I update orders on main trader.
Rhivre
TarNec
Invisible Exchequer
#8 - 2013-04-23 23:45:11 UTC
17% is closer to station trading profits.

With regional buys, even if you are moving it, you should be getting well above that.

Fluffy Bunny Pic!

Havoc Zealot
Ministry of War
Amarr Empire
#9 - 2013-04-24 03:07:00 UTC
Dr Evil Cioran wrote:
I do 2 on a bad day and up to 4b on a good day from manufacturing and trading in Jita ( buy raws and sell finished product). I spend 5 mins setting factory jobs and the whole time I pvp with pvp pilot I update orders on main trader.


damn that sounds awesome, you just manufacturing on 1 toon and T2 items?
Mu-Shi Ai
Hosono House
#10 - 2013-04-24 03:16:12 UTC
Dr Evil Cioran wrote:
I do 2 on a bad day and up to 4b on a good day from manufacturing and trading in Jita ( buy raws and sell finished product). I spend 5 mins setting factory jobs and the whole time I pvp with pvp pilot I update orders on main trader.


http://www.youtube.com/watch?v=p8-rGAM_KeA
Reopagus
State Protectorate
Caldari State
#11 - 2013-05-03 10:46:13 UTC
Dr Evil Cioran wrote:
I do 2 on a bad day and up to 4b on a good day from manufacturing and trading in Jita ( buy raws and sell finished product). I spend 5 mins setting factory jobs and the whole time I pvp with pvp pilot I update orders on main trader.


And how much did you invest into BPs?
Esharan
State War Academy
Caldari State
#12 - 2013-05-03 18:14:39 UTC
I don't get this. I've tried regional trading on my alt with perfect trade skills. I always get massively undercut rapidly by the .01 isk game.

Maybe I'm working in the wrong products (typically some t2 mods, and meta 4 mods, always some sort of ship equipment though, VERY rarely ships..)
Maybe I'm in the wrong region?

IDK but ffs I'm doing something wrong apparently.
Rhivre
TarNec
Invisible Exchequer
#13 - 2013-05-03 23:58:17 UTC
Regional trading is where you never 0.01

Fluffy Bunny Pic!